Tularosa, NM FHA Loans in New Mexico
FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.
FHA loans offer Tularosa, NM residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.
Return to fha loans in the state of NM
| Tularosa, New Mexico News |
Magistrate court logs
Justin Caje, 21, of 208 Bosque Drive, was sentenced to six day in jail, given 728 days probation, assessed $577 in fines and court fees for possession of drug paraphernalia.
|
Holiday concert benefits C.O.P.E.
The Center of Protective Environment will host its third annual fundraising event Nov.
|
Glitch shuts Z-Trans down
Trans Public Transportation service is offering free bus rides to its ridership because of a one-week temporary suspension due to a New Mexico Public Regulatory Commission oversight.
|
City eyes county lot for playground
The corner of Virginia Avenue and Fourth Street, behind the Aces School, is the area proposed for a new city park.
|
Events in Alamogordo, Tularosa recognize service to country
On a sharp Veterans Day morning, with the sun blazing and the chill still heavy in the air, a hundred or so people mostly veterans gathered.
|
City approves ambulance deal
The Alamogordo City Commission approved an agreement Monday to continue ambulance services for the fiscal year 2009.
|
Book signing for local author Saturday
Tularosa author, John L. Cowart will host a book signing for his latest book, "Zipporah's Song" on Saturday, Nov.r 8 from 12 p.m. to 3:30 p.m. at Hastings Books Music and Videos.
|
Rawson, Fischmann still waiting on count
A close race for the District 37 Senate seat could result in an upset of Republican Senate Minority Whip Lee Rawson, who has served in the Senate for 15 years.
|
DAV van to carry veterans
After a year and a half to two years of fund raising, the Disabled American Veterans Chapter 14 in Alamogordo received their transportation van to aid veterans in need of transportation to Department of ...
|
Gardeners should prepare for the cold now
The Alamogordo Farmers Market is not ready to close up shop for the cold weather, even though the vendors are dwindling down to a precious few, as the song goes.
|
Bond B is for libraries
On the ballot this election are a number of bond questions. Bond A relates to seniors, Bond B for libraries, Bond C for health facilities, and Bond D for higher education and special schools.
|
State Senator District 40 candidate - Duran
How long have you lived in the district? I was born and raised in Tularosa and have lived in the district all of my life.
|
State Representative District 57 candidate - Barron
Founder and operator, Barron's Environmental Solutions - In Time!, Inc., an environmental and financial services company, since 1998 Previous elected or appointed office: None How long have you lived in the ...
|
Premier Fitness open house well received
Appearances by Miss Alamogordo Sarina Turnbull and Miss Otero County Leah Housler highlighted the Premier Fitness open house Saturday at the facility on Indian Wells, along with the announcement of the winners ...
|
County talks 911 dispatch
The Otero County Commission discussed board nominations for the 911 consolidated dispatch center at length during its regular meeting Oct.
|
Apple fest feeds plenty
Amanda Gros, 9, and her brother Collin, 9, of Sierra Elementary School searched for the brightest apple in the box at the High Rolls Apple Festival on Saturday.
|
Alamogordo police logs
An employee of Alamo Transmission, 307 N. White Sands Blvd., reported that sometime between 7:30 p.m. Tuesday and 8 a.m. Wednesday someone stole a stereo system from a 1985 Chevrolet Celebrity and a 1988 ...
|
Lovely lavender holds multitude of possibilities
Barry Brown demonstrates how to band a bunch of pick-it-yourself lavender to Connie Klofonda, president of the Otero County Master Gardener Association, at Barry and Daina Brown's lavender farm in Tularosa.
|
Apple festival offers a delicious time
Apple trees laden with red and gold fruit are being stripped of their bounty this week in preparation for the annual High Rolls Apple Festival.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
|
|